Benefits of Leasing Packaging Machinery

When does leasing make sense over purchasing? What are the benefits, if any, of leasing? Leasing may be the answer to getting the equipment you need now. What does leasing offer?

• Low monthly payments make it more affordable. The equipment may be purchased at the end of the lease, if desired.
• Fixed payments available – no ‘floating’ interest rates.
• Lower payments leave cash available for operating expenses.
• Lease payments may be tax deductible against income. Seek the advice of a professional to verify if this is applicable to you.
• No down payment required – some leases allow installation, freight and training included in the lease.
• The machines are paid for as they produce for the company (not in advance).
• Allows the company to acquire income producing assets without increasing debt on the balance sheet.
• Flexible payment options that are designed to revenue streams and/or business cycles.

I’m not an expert in finance and every company has a different set of circumstances. So if you have an interest in learning more about leasing, I suggest you contact a leasing company and seek the advice of a professional to guide you in making the best financial decisions for your company. New England Machinery (NEM) can offer a list of leasing companies to contact. Give them a call at (941) 755-5550. NEM does not have an interest in any leasing company and can not and does not make any representation pertaining to any leasing firm.

The author, Marge Bonura, is the Director of Sales & Marketing for New England Machinery, Inc. (NEM). NEM is a leading manufacturer of bottle unscramblers, cappers, orienters, retorquers, lidders, pluggers, pump sorter/placers, scoop feeders, hopper elevators and much more. The company has been in business since 1974 selling to the food, beverage, pharmaceutical, personal care, chemical, household products, automotive and other industries. For more information on NEM, visit their website at http://www.neminc.com/.